Net Sales are expected to increase by 20 percent Y-o-Y (up 26 percent Q-o-Q) to Rs. 1,572.2 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Thermax to report net profit at Rs. 121.1 crore up 20.3% year-on-year (up 90.8% quarter-on-quarter).
Net Sales are expected to increase by 20 percent Y-o-Y (up 26 percent Q-o-Q) to Rs. 1,572.2 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.4 percent Y-o-Y (up 74.5 percent Q-o-Q) to Rs. 176.1 crore.
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